The European Parliament Committee on International Trade (INTA) on January 21 approved a resolution asking for the European Parliament (EP)’s ratification of the European Union – Vietnam Free Trade Agreement (EVFTA) and the EU – Vietnam Investment Protection Agreement (EVIPA).
Vietnam stood out as the world’s largest cashew exporter last year but there remains many challenges ahead for the country to retain its leading position in the future.
After being relatively stable last year, the foreign exchange rate of the Vietnamese dong against the US dollar is forecast to be under greater pressure in 2020 due to both internal and external headwinds.
Permanent Deputy Prime Minister Truong Hoa Binh held talks with Vice President and head of the Department of Economic Affairs, Education and Research of Switzerland Guy Parmelin in Geneva on January 20.
Vietnam has targeted to earn 9 billion USD from fishery exports in 2020, a year-on-year increase of 7 percent, according to the Directorate of Fisheries.
Indonesia sold 1.03 million cars in 2019, a drop of 10.8 percent year on year from 1.15 million units the previous year, due to the weak demand and other factors, according to the car manufacturer association (Gaikindo).
Shrimp exports to Australia increased strongly in 2019, expanding at a two-digit growth rate, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Permanent Deputy Foreign Minister Bui Thanh Son paid a visit to the European Parliament (EP) from January 13 to 16 to discuss the ratification process of the EU-Vietnam Free Trade Agreement (EVFTA) and Investment Protection Agreement (EVIPA).
Vietnam will strengthen controls on Ethoxyquin in feed production for the fishery industry to ensure stability in seafood exports to the EU, according to the Ministry of Agriculture and Rural Development (MARD).
Ambassador of the Republic of Korea to Indonesia Kim Chang-beom on January 14 affirmed that RoK wants India to be a member of the Regional Comprehensive Economic Partnership (RCEP).
Thanh Thanh Cong Trading Joint Stock Company, a member of the Thanh Thanh Cong Group, has exported 500 tonnes of molasses to Australia to help alleviate a shortfall across Queensland state caused by an ongoing drought.
In order to increase the competitiveness and value of local products, Ha Nam province has implemented a program to support traceability QR codes geographical indicators and collective brands.
Cambodia attracted foreign direct investment (FDI) worth nearly 3.6 billion USD in 2019, up 12 percent year-on-year, an English-language daily has reported.
Prime Minister Nguyen Xuan Phuc on January 10 asked the Finance Ministry to work closely with the Ministry of Planning and Investment to step up public investment disbursement.
Many foreign businesses have expressed their hope for better business and investment environment in Vietnam, especially consistent policies on economic development.
The Ministry of Finance aims for State budget revenue in 2020 to be 3 percent higher than the estimate set by the National Assembly, said Minister Dinh Tien Dung on January 10.
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